Principal, Spend Management Lead

Posted 5hrs ago

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Job Description

Spend Management Principal leading complex client engagements for Vizient, a healthcare performance improvement company. Driving financial outcomes, governance, supplier relationships, and executive stakeholder alignment.

Responsibilities:

  • Lead successful delivery of complex Spend Management domain engagements
  • Align Vizient resources, programs, and methodologies with clients’ strategic objectives and Statements of Work
  • Manage delivery teams across sub-domain areas to drive client value
  • Ensure financial improvement targets are achieved and foster strong client relationships and governance
  • Own engagement deliverables, financial outcomes, and compliance with the Statement of Work
  • Ensure adherence to the Spend Management Partnership Management Methodology
  • Build client trust, gain buy-in, and influence Financial Impact Agreements and strategic decisions
  • Manage resource allocation, scope control, and risk management
  • Track key performance indicators and communicate issues to stakeholders
  • Establish and lead Vizient/client governance structures, including Steering Committee meetings and C-Suite updates
  • Maintain financial compliance and safeguard quality control
  • Coach and guide teams while fostering a high-performance culture
  • Develop relationships with clients and suppliers
  • Craft and deliver communications to senior executive-level audiences
  • Facilitate internal and external meetings and secure signoffs on critical milestones
  • Manage engagement scope, timelines, financials, risks, and dependencies
  • Track value, velocity, and satisfaction using quantitative and qualitative measures

Requirements:

  • Relevant degree preferred; not required
  • Master's degree in healthcare administration, business administration, or a closely related field desired; not required
  • 10 or more years of relevant experience required
  • Extensive experience in spend management within a supplier, hospital system, or consulting required
  • Ability to make effective and efficient strategic decisions and exercise prudent judgment
  • Executive presence and strong communication skills
  • Ability to rapidly build trust, relationships, and credibility
  • Ability to promote and preserve Vizient culture, including work ethic, helpfulness, compassion, integrity, and character
  • Ability to work positively with a wide range of individuals and groups
  • Excellent consensus-building and conflict-resolution skills
  • Ability to positively influence, inspire, and motivate people’s behaviors and actions
  • Ability to travel regularly and expeditiously throughout the year to meet clients’ needs and timetables

Benefits:

  • Comprehensive benefits plan
  • Incentive eligible
  • Opportunities for personal and professional development